TRF Balance Sheet Health
Financial Health criteria checks 5/6
TRF has a total shareholder equity of ₹700.4M and total debt of ₹1.1B, which brings its debt-to-equity ratio to 155.3%. Its total assets and total liabilities are ₹3.1B and ₹2.4B respectively. TRF's EBIT is ₹268.8M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹2.1B.
Key information
155.3%
Debt to equity ratio
₹1.09b
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹2.08b |
| Equity | ₹700.43m |
| Total liabilities | ₹2.45b |
| Total assets | ₹3.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505854's short term assets (₹2.7B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 505854's short term assets (₹2.7B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 505854 has more cash than its total debt.
Reducing Debt: 505854 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 505854's debt is well covered by operating cash flow (34.6%).
Interest Coverage: 505854's interest payments on its debt are not well covered by EBIT (2.2x coverage).